Open Offer13 Feb 2026, 05:43 pm
Acquirers to Offer Cash for up to 19,20,000 Equity Shares of Shantai Industries Limited
AI Summary
Saffron Capital Advisors Pvt Ltd, on behalf of Acquirers 1 to 5, has announced an Open Offer to acquire up to 19,20,000 Equity Shares of Shantai Industries Limited at a price of ₹ 21/- per share. The Offer is in compliance with the SEBI (SAST) Regulations, 2011 and is not conditional upon any minimum level of acceptance. The Acquirers have confirmed adequate financial resources for the acquisition.
Key Highlights
- Acquirers to offer cash for up to 19,20,000 Equity Shares of Shantai Industries Limited.
- Offer price set at ₹ 21/- per share.
- Compliance with SEBI (SAST) Regulations, 2011.
- Not conditional upon any minimum level of acceptance.
- Acquirers have confirmed adequate financial resources for the acquisition.
Price Impact
More from SHANTAI